Titanium Transportation Team Expands U.S. Profits Development Prospect, Adds New Strategic …
- New Chicago brokerage workplace is Titanium’s 3rd U.S. spot in fewer than two yrs, next Charlotte in May perhaps 2019, and Nashville in July 2020
- In line with the Company’s “asset-light” U.S. advancement tactic, Titanium will continue on to expand its footprint and expects to safe additional critical destinations across the U.S.
- Expansion endeavours will proceed to be supported by its set up and expanding U.S. based mostly team supplying deep U.S. brokerage and logistics marketplace know-how
BOLTON, Ontario, Jan. 07, 2021 (World NEWSWIRE) — Titanium Transportation Team Inc. (“Titanium” or the “Company”) (TSX Enterprise:TTR) is pleased to announce that it has opened its 3rd strategic U.S. brokerage expert services place, in Chicago, IL.
“We are thrilled with the achievement we have reached following our initial entry in the U.S. a lot less than two a long time ago,” claimed Ted Daniel, President and CEO, Titanium Transportation Group. “We are leveraging our investments in technological know-how and units to carry on to create a scalable company that supports strategic growth prospects with minimal supplemental overhead.”
The new Chicago office environment will operate below the Company’s U.S. subsidiary, Titanium American Logistics, Inc., which started operations in May perhaps 2019.
Daniel included, “The asset gentle character of the brokerage organization signifies the ideal U.S. expansion technique during these unparalleled occasions. As we ramp up our business in Chicago we will go on to look for out and execute on more new geographical targets that enhance our current service offerings and allow for for the expansion into new marketplaces.”
About Titanium
Titanium is a foremost asset-based mostly transportation and logistics firm servicing Canada and the United States, with approximately 475 ability models, 1,400 trailers and 600 personnel and unbiased operator operators. Titanium offers truckload, devoted, and cross-border trucking services, freight logistics, and warehousing and distribution to more than 1,000 clients. Titanium is a acknowledged consolidator of asset-centered transportation firms in Ontario, getting concluded ten asset-dependent trucking acquisitions since 2011. Titanium has also been ranked by Canadian Business (previously Gain journal) as 1 of Canada’s Quickest Increasing Firms for twelve (12) consecutive yrs.
CAUTIONARY Statement Concerning Ahead-Seeking STATEMENTS
Particular statements contained in this push launch constitute ahead-wanting information within the indicating of Canadian securities legal guidelines. Ahead-hunting statements are delivered for the functions of aiding the reader in knowing Titanium’s present-day expectations and plans relating to the future and readers are cautioned that this kind of statements may possibly not be acceptable for other purposes. Ahead-wanting info may relate to Titanium’s upcoming outlook and anticipated activities, and may possibly include things like statements concerning the economical position, company strategy, budgets, litigation, projected fees, money expenditures, economical results, taxes and programs and objectives of or involving Titanium, which include Titanium’s natural earnings expansion and its strategies for upcoming locations in the U.S., which might differ materially from expectations. Specifically, statements concerning foreseeable future acquisitions, the availability of credit, performance, achievements, potential clients or possibilities for Titanium or the marketplace in which it operates are forward-hunting statements. In some instances, ahead-wanting information and facts can be identified by conditions this sort of as “may”, “might”, “will”, “could”, “should”, “would”, “occur”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “seek”, “aim”, “estimate”, “target”, “project”, “predict”, “forecast”, “potential”, “continue”, “likely”, “schedule”, or the adverse thereof or other equivalent expressions relating to matters that are not historic facts.
Information and facts contained in ahead-searching statements is based upon selected substance assumptions that were being applied in drawing a summary or producing a forecast or projection, together with management’s perceptions of historical tendencies, existing situations and predicted potential developments, as very well as other issues that are thought to be correct in the situation. When administration considers these assumptions to be sensible based on at the moment accessible details, they may perhaps verify to be incorrect.
The ahead-hunting statements manufactured in this press release are dated, and relate only to gatherings or information and facts, as of the day of this press launch. Other than as exclusively required by law, Titanium undertakes no obligation to update or revise publicly any ahead-on the lookout statements, no matter if as a outcome of new facts, foreseeable future gatherings or otherwise, just after the day on which the statements are manufactured or to mirror the prevalence of unanticipated gatherings.
Neither the TSXV nor its Regulation Products and services Provider (as that phrase is described in the procedures of the TSXV) accepts responsibility for the adequacy or precision of this release.
Speak to Data
Titanium Transportation Team Inc.
Ted Daniel, CPA, CA
Chief Government Officer
(905) 266-3011
[email protected]
www.ttgi.com
For Investor Relations
Jayson Moss, CFA
(604) 375-3599
[email protected]
www.ttgi.com
